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Dabur India Receives NSE Approval for Sesa Care Amalgamation

Story Highlights
  • Dabur India Limited is a key player in the consumer goods sector, known for health and personal care products.
  • Dabur received NSE’s ‘no objection’ for its merger with Sesa Care, pending further approvals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dabur India Receives NSE Approval for Sesa Care Amalgamation

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The latest announcement is out from Dabur India Limited ( (IN:DABUR) ).

Dabur India Limited has received a ‘no objection’ observation letter from the National Stock Exchange of India Limited regarding its proposed Scheme of Amalgamation with Sesa Care Private Limited. This development marks a significant step in the merger process, which still requires various statutory and regulatory approvals. The amalgamation is expected to streamline operations and potentially enhance Dabur’s market positioning, benefiting shareholders and creditors involved in the scheme.

More about Dabur India Limited

Dabur India Limited is a prominent company in the consumer goods industry, primarily known for its range of health care, personal care, and food products. The company has a significant market presence in India and is recognized for its focus on natural and Ayurvedic products.

Average Trading Volume: 140,268

Technical Sentiment Signal: Hold

Current Market Cap: 901.1B INR

See more data about DABUR stock on TipRanks’ Stock Analysis page.

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